During 2022, Merry Co. purchased the following shares which it classified as FVPL investment: Shares No. of Shares Cost per share at the time of purchase Fair value per share on December 31, 2022 A...


During 2022, Merry Co. purchased the following shares which it classified as FVPL investment:































Shares



No. of Shares



Cost per share at the time of purchase



Fair value per share on December 31, 2022



A



1,000



P100



P80



B



5,000



P20



P25



C



10,000



P4



P5




How much unrealized gain or loss will be recognized in the Profit or Loss Statement for these investments on December 31, 2022?



Jun 10, 2022
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